Chainlink LINK
Current Price
$12.11 -4.87%
$1.00 Daily Range (8.26%)
$12.08$13.08
$661.09M Daily Volume
7,635 BTC
Vol/MktCap: 7.84%
Market Performance
1.32% Relative BTC Volume
The total volume of Chainlink is $661.09M over the past 24 hours, compared to $49.99B total Bitcoin volume.
Hourly Moving Average
8 SMA $12.21 -0.85%
13 SMA $12.23 -0.98%
21 SMA $12.39 -2.27%
55 SMA $12.67 -4.41%
144 SMA $13.24 -8.54%
Price Performance
+0.14% 1 Hour Change
$12.11 from $12.09
-11.36% 7 Day Change
-$1.38 from $13.49
-16.30% 14 Day Change
-$1.97 from $14.08
-9.35% 30 Day Change
-$1.13 from $13.24
All Time High
May 10, 2021
$52.70 -76.98%
-$40.57 vs. now
24H Change
-439.19M USD -4.95%
-5,072 BTC
Volume and Supply
Total Supply: 1.00B LINK 
696.85M LINK Available69.68% circulating A lower circulating supply may increase over time, reducing scarcity and potentially causing a drop in price. A higher circulating supply is less susceptible to dilution, offering the potential for a more stable price long-term.
Relative Supply Ratio
50.09 x BTC Supply50:1 supply ratio
RSR reflects potential differences in tokenomics, such as inflation rates, utility, or burn mechanisms, which can impact long-term value and scarcity.
Relative Trade Volume
52.55M LINK
traded over past 24 hours
7.54% of circulating supply
A higher trade volume relative to market cap indicates strong market activity and liquidity, while a lower ratio may suggest reduced interest, lower liquidity, or potential price stagnation.
Conversion Tool
Chainlink AI Market Analysis
Chainlink (LINK) is currently trading at $12.22, having experienced a 24-hour price decline of 4.04%. The price action has been relatively tight with a daily range of 0.92%, indicating low volatility, and the asset saw a high of $13.08 and a low of $12.16 within this period.
Trading volume stands at approximately $648.66 million, with a volume-to-market cap ratio of 7.62%, suggesting a moderate level of trading activity relative to its market capitalization. The hourly moving averages indicate a bearish trend, with all significant SMAs (8, 13, 21, and 55) showing negative shifts from their previous values, particularly the 144 SMA, which is down 8.32%.
The short-term momentum indicators reveal a concerning picture, with the 1-hour RSI at 30, indicating an oversold condition. Similarly, the 7-day RSI at 40 suggests that the asset is nearing oversold territory but does not yet indicate a reversal, while both the 7-day and 14-day price changes exhibit significant declines of over 10% and 17%, respectively.
From a technical perspective, the downward pressure is evident, as LINK has failed to maintain above crucial moving averages, and recent price action shows a lack of buyer interest. The current price is significantly below the all-time high of $52.70, indicating a major downtrend since May 2021, with no clear signs of recovery in the immediate term.
Given the overall technical indicators, the oversold RSI readings may suggest a potential rebound, but the strong downward momentum and recent price action do not provide sufficient evidence for a bullish outlook. Therefore, the recommendation for Chainlink (LINK) is to Hold, as further confirmation of a price recovery or reversal is necessary before considering a Buy.
Trading volume stands at approximately $648.66 million, with a volume-to-market cap ratio of 7.62%, suggesting a moderate level of trading activity relative to its market capitalization. The hourly moving averages indicate a bearish trend, with all significant SMAs (8, 13, 21, and 55) showing negative shifts from their previous values, particularly the 144 SMA, which is down 8.32%.
The short-term momentum indicators reveal a concerning picture, with the 1-hour RSI at 30, indicating an oversold condition. Similarly, the 7-day RSI at 40 suggests that the asset is nearing oversold territory but does not yet indicate a reversal, while both the 7-day and 14-day price changes exhibit significant declines of over 10% and 17%, respectively.
From a technical perspective, the downward pressure is evident, as LINK has failed to maintain above crucial moving averages, and recent price action shows a lack of buyer interest. The current price is significantly below the all-time high of $52.70, indicating a major downtrend since May 2021, with no clear signs of recovery in the immediate term.
Given the overall technical indicators, the oversold RSI readings may suggest a potential rebound, but the strong downward momentum and recent price action do not provide sufficient evidence for a bullish outlook. Therefore, the recommendation for Chainlink (LINK) is to Hold, as further confirmation of a price recovery or reversal is necessary before considering a Buy.
Updated 120 minutes ago.
Chainlink Relative Price at Market Cap of:
Chainlink TradingView Chart
In The News

Bitcoin drifts lower as $81.3k emerges as the market’s key fault line: Asia Morning Briefing
With large caps still tracking bitcoin and high-beta assets already weakened, Glassnode’s True Market Mean has become the line investors are watching most closely.

Best XRP Buy Zone? Analyst Breaks Down The Key Levels
Will Taylor, founder of CryptoinsightUK, frames XRP’s “best buy area” as a risk-to-reward question, not a certainty call. In his latest YouTube video from Dec.

Digital Wealth Partners introduces algorithmic XRP trading for qualified retirement accounts
The wealth advisory firm enlisted the help of crypto-based algorithmic trading firm Arch Public to create the strategy.

World Liberty proposes using 5% of treasury to boost its stablecoin
The Trump-linked firm is considering using $120 million from its treasury to boost USD1 stablecoin adoption and challenge larger rivals.